National action plan on green growth underway

(VOV) - The Ministry of Planning and Investment (MPI) has implemented a national action plan on green growth in Vietnam with the support from the UNDP in Can Tho city on July 2 as part of the Vietnam National Green Growth Strategy.

The MPI’s Department of Science, Education, Natural Resource and Environment Deputy Director Bui Quang Vu said that the ministry will monitor and adjust the national action plan in line with the green growth orientations from now till 2015.

Total funding for the Vietnam National Green Growth Strategy is estimated to reach US$30 billion. EUR5.5 million has been mobilized with EUR5 million sourced from the Belgian Government and EUR0.5 million from the Vietnamese Government.

Under the strategy, Vietnam strives to reduce greenhouse gas emission by 8-10% from now till 2020. Accordingly, the value of high-technology and green technology will make up a share of 42-45% of GDP.